Intel (INTC) shares are extending gains on June 17 after the multinational confirmed it has kicked off “risk production” for its next-generation 18A-P manufacturing node. The announcement brings INTC closer to finalizing a potential chip-making deal with Apple (AAPL),

Intel's (INTC) stock has risen roughly sixfold from its 2025 lows, trading at over $120 per share. The move reflects a fundamental rethinking of Intel's foundry business, which has received a vote of confidence from the U.

Samsung, Intel and Taiwan Semiconductor are the only three companies in the world capable of manufacturing the most advanced chips needed for AI.

TSMC’s capacity struggles are turning into a boon for Intel. As the Taiwanese chip making giant struggles to meet overwhelming demand for its chip manufacturing capacity, several major AI chip design companies,